| Senior Bank Secrecy Act Specialist | Please apply at our website, www.bridgewaterbankmn.com
The above is intended to describe the general content of and requirements for this position. It is not to be construed as an exhaustive list of duties, responsibilities or requirements. It is Bridgewater Bank’s policy to promote equal employment opportunities. All personnel decisions, including, but not limited to, recruiting, hiring, training, promotion, compensation, benefits and termination, are made without regard to race, creed, color, religion, national origin, sex, age, marital status, sexual orientation, gender identity, citizenship status, veteran status, disability or any other characteristic protected by applicable federal, state or local law. | False | 1/7/2019 | - Bachelor’s degree and 3 to 5 years of BSA experience or equivalent combination of education and experience
- Excellent oral and written communication skills
- Strong attention to detail, critical thinking ability, and accuracy
- Ability to meet deadlines
- Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook
- Fiserv Financial Crime Risk Management (FCRM) experience preferred
| H-6312 | This position provides support in the development and administration of the Bank’s Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) compliance program.
Responsibilities:
- Manage daily monitoring activities associated with BSA and OFAC compliance, ensuring risk-based decisions made. - Includes alerts; Customer Due Diligence and Enhanced Due Diligence; subpoenas; Monetary Instrument Logs; complaints; and 314(a)
- Ensure alerts remain risk based and identifies new alerts
- Responsible for Suspicious Activity Report (SAR) function
- Conduct annual exemption reviews and identifies new exemptions
- Determine risk rating of accounts
- Ensure high-risk account reviews are conducted and new high-risk accounts identified
- Monitor exceptions to the Bank’s Customer Identification Program and Beneficial Ownership collection
- Informal oversight of Currency Transaction Report process
- Respond to Bank BSA questions from staff
- Preparation of Fraud/Suspicious Activity Committee minutes
- Serve on applicable regulatory implementation teams
- Assist with Bank’s BSA and OFAC compliance policies, procedures, and risk assessments
- Assist with regulatory exam preparation
| At Bridgewater Bank, we envision a world where banking looks a little different. It boils down to our desire to be an unconventional bank. We know that this industry doesn’t have to be monotonous. We shouldn’t be robot bankers. As a team, we’ve quietly grown this bank into one of Minnesota’s largest and have attracted a loyal following along every step of the way. We’ve disrupted what banking looks like in the Twin Cities, and we have the opportunity to positively impact our clients and their businesses each day. In March of 2018, Bridgewater (BWB) went public, the first bank in the Twin Cities to go public in 25 years. If you join the Bridgewater team, you’ll quickly be surrounded by remarkable and nimble people who want to redefine what it means to work in banking. To each of us, this is more than a workplace – it’s a sense of community. This place is lively, engaging and evokes a sense of pride. |